sakai

I see that Its no necessary that if your were a newcomer then you will surely get loss in starting phase, in this field experienced persons who already have spend years there and they faces a loss its a field of risk, sometimes risk give you sweet profit and sometimes give you a loss.

Put your feelings at the entrance. Currency trading is about systematic research of the market styles, not about looking for the next hot business. The investor who allows his or her feelings take management is the one who will observe income fall and failures increase.

It's an opportunity to trade in the real account without using your own money. Yes, you need to take into consideration whether you can be able to withdraw the profits from your trading if you manage to make profits from this bonus but it can with getting the experience. Especially if you are switching from a demo account and want to ease into the real account and test out.

Having a live mentor will give you more benefits than someone who you only know online. Deciding for a live/online mentor is similar with meeting new people. Live mentor is more advantageous than just having a mentor that you can meet online. Live mentor can teach you more things, and you're able to see him in person so he may also give you some tips.

Actually there are many places where we can find resources that aid us in the learning process in we are interested in earning in forex. We just need to choose the best resources or one that we can understand better be it online or offline and then use it effectively to arm ourselves.

Well, If you really want to make big profits in forex you need a big principal too. With small one you can't make good profits cause in forex market there is margin call and you need to care about it. You can't make $10000 with $100 principal because it is very risky. The best is to make 20-25% monthly with your principal.

I believe that it is self earned, as you know that not all people have good thing in this one but still have good determination and in the result they gained more bucks and more experience and make their trading better than before and of course you also need to practice so you can be better in trading.

This is really good to try demo account when you want to learn forex. But to get the actual experience real account is needed though may be with small amount, as we get real exposure only when our real money is involved.

well, the key here that draws the line between a gambler and a good forex trader is knowledge and application of that knowledge to trade. Good traders learns and understand forex before getting into it, plans for their trading so the decision that they make are well thought out.

personally, I do technical and fundamental in four hours basis. Meaning each 4 hours I update my target price. But it does not mean that daily I have a hit. Meaning theirs are some days that theirs no successful open position. So that means that day I don't have a traded position but it does not mean I did not to any thing that day.

well, I think there may be a lot of strategies that you can implement to use in trading. The best feature you can depend on is charts and its indicators. So it will be easy to understand these charts and then you can take the proper decision.

actually it is still not that easy. we have done learning the basic knowledge in Forex unfortunately; we will still have losses or more of it. So, there's nothing easy way in Forex trading. Though, we will feel enjoyment and happiness once we have our profits and consistently making it with lesser losses.

i believe that Forex becoming one's main job or not is rather a case of choice than the prospects. Many, there are who have made forex trading their main stay job. However lots of people consider Forex as another source of income. I belong to this category. I don't see forex being my main job.

i think that the best place to practice the Forex trading is by using the demo account here. And the next thing also, we can try to use the free money, like from the forum or from the broker's bonus to open the real account to trade on Forex here.

for me, it is necessary to trade more than one pair. You can trade as many pairs as you want. However, due to the different rates and different changes that each market goes through, it probably isn't advisable. I am going to stick with a certain pair that I think is my best pair.

i see that as long as you are not much in a hurry to succeed in forex. i think we need only about ten or twenty dollars to trade. And we should minimum lot so that we would not lose them that fast. So that we would have time to learn forex and eventually make that money grow.

it's known that trading in the forex, market without a trading plan is just a prerequisite for failure and losses. Forex trading requires a trader to have trading plans at all times and then implement or follow the trading plan. Most traders lose because they abandon their trading plan.